Subscription for the FC Porto Fan Token (PORTO) Token Sale on Binance Launchpad is now open.
FC Porto Fan Token (PORTO) Token Sale
Binance Launchpad will open the FC Porto Fan Token (PORTO) investment channel at 14:00 on November 16, 2021 (East Eighth District Time).
This Launchpad adopts the investment model, based on the user’s 10-day average daily BNB holdings for investment.
Users on the website can purchase page or APP client to view and invest in qualified investment, this investment period of 3 hours. the information is as follows:
Conversion ratio: 1 PORTO = 0.00163640 BNB (1 US dollar, based on the BNB price of US$611.10).
The investment will be opened at 14:00 on November 16, 2021, Eastern Eighth District time. Users need to sign a purchase agreement when investing. Please make the investment within 3 hours, and the investment cannot be made after the deadline.
The upper limit of the BNB that each user can subscribe is the user’s 10- day average daily BNB holding record.
Important note: Only the BNB of the spot wallet can be used to participate in the investment, and the BNB of other accounts (such as the new currency mining account or the BNB in the BNB revenue pool) need to be transferred to the spot wallet to participate in the investment.
BNB cannot be withdrawn after it has been invested, please confirm and proceed. After the investment is completed, the BNB participating in the investment will be locked, and related services (transfer, withdrawal, transaction, etc.) cannot be used until the token distribution is completed.
The input channel will be closed at 17:00 on November 16, 2021, Eastern Eighth District, and the token distribution result will be calculated. The calculation process is 1 hour.
The results of the token distribution will be announced after 18:00 on November 16, 2021, Eastern Eighth District, and the corresponding amount of BNB will be deducted from the user’s locked BNB balance within 30 minutes.
After the successful deduction of BNB, PORTO tokens and the remaining BNB will be issued to the user’s spot wallet.
Note: The token hard cap that each user can allocate is 10,000 USD equivalent tokens (10,000 PORTO, deducting 16.3640 BNB). Click to view Binance Launchpad’s new investment model calculation rules.
After the investment ends, the Binance Innovation Zone will list FC Porto Fan Token (PORTO) at 20:00 on November 16, 2021 (East Eighth District Time), and open PORTO/BTC, PORTO/USDT, PORTO/TRY, PORTO/ EUR trading market.
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April 24, 2024
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